With winter right around the corner, the snow will soon be piling up in resort town and Aspen neighbor, Snowmass Village, Colorado. What’s not piling up in Snowmass? Inventory.
Popularity for the small ski town exploded during the pandemic, with brokerages like Slifer Smith & Frampton Real Estate seeing the number of sales in Snowmass Village close to double from 2019 to 2021, according to their 2022 Q3 Market Report.
In response, developers like East West Partners are green-lighting several sizable luxury projects, with some already under construction and on the market.
However, many of these new luxury developments are selling out quickly and at high price points, says Rod Woelfle of Slifer Smith & Frampton, proving that the appetite for new construction in Snowmass Village is still vigorous and outpacing supply.
“Inventory is definitely low and has been for some time. When you look at the history of our projects, they have proven to be extremely successful—projects like One Snowmass, One Snowmass Residence Club and Electric Pass Lodge all selling out and selling out fast.”
Check out these new luxury developments coming to Snowmass Village.
Set slightly apart on the slope-side above the Viceroy Snowmass, the 21 luxury residences that makeup Aura Snowmass are set to be some of the most exclusive and expensive in Snowmass Base Village.
Planned as through-residences with direct, private elevator access, the building will have no common corridors on the residential levels. Spacious four- and five-bedroom flexible floor plans will capture the look and feel of a single-family home but will be equipped with the comforts and amenities of a residential building.
Such on-site amenities will include access to the grotto spa pool, fitness center and the Aura Lounge. Services mirror those found at resort stays, such as on-site concierge, housekeeping and a private cart shuttle.
Designed with sustainability as a guiding principle, Aura’s mass timber structure will be all-electric and powered entirely by renewable resources. In addition to eco-consciousness, the building’s biophilic design also aims to improve resident wellness, emphasizing fresh air, natural light and stunning views with large operable windows, a continuous air-flow system and sizable terraces.
Construction is projected to be completed summer of 2024. Pricing starts at $7,950,000.
Cirque X Viceroy
Construction has begun on the Cirque Residences X Viceroy, the much-anticipated sequel to the original Viceroy Residences. The brand-new luxury tower is set to be located slope-side on the northeast corner of Snowmass Base Village and will encompass 48 for-sale high-end residences.
Featuring two- and three-bedroom floor plans, the fully furnished residences will range from 1,272 to 2,070 square feet.
With the connection to the Viceroy Snowmass, residents of Cirque X Viceroy will be able to access all of the amenities and services of the hotel, says Sude Hyde of developers East West Partners. “You’re getting a home in a hotel. You’re not only getting the amazing amenities and services but also all of the sociability and the fun atmosphere that has attracted so many travelers from all over the world to the Viceroy.”
The only four-star hotel in the Base Village, the Viceroy Snowmass houses several luxury facilities, including three on-site restaurants, a full-service spa and a fitness center, all of which will be available to Cirque X Viceroy residents.
Electric Pass Lodge
Thanks to a combination of rooftop solar panels and off-site renewable energy sources such as wind turbines, the sold-out collection of ski-in/ski-out residences, Electric Pass Lodge, was designed to be completely powered by renewables.
In addition, state-of-the-art insulation, triple-pane windows and phase-change material, which traps heat or cold to be used later, are integrated into the building’s envelope to maximize energy efficiency.
Inspired by contemporary Scandinavian designs, the residences will incorporate natural wood elements, sleek fireplaces and open-floor concepts. The condo units will also feature operable windows and large sliding glass doors.
Like many developments in Snowmass before it, residences at Electric Pass Lodge were all snatched up before the expected completion in the spring of 2023.